ULTRA-PRINT LIMITED,Ltd - AccountsLtd - Accounts

ULTRA-PRINT LIMITED,Ltd - AccountsLtd - Accounts

ULTRA-PRINT LIMITED - Company Information

Print Friendly Version

2016-10-01 06694958 2017-09-30 06694958 2016-10-01 2017-09-30 06694958 2016-09-30 06694958 2015-10-01 2016-09-30 06694958 uk-core:WithinOneYear 2016-09-30 06694958 uk-core:WithinOneYear 2017-09-30 06694958 uk-core:ShareCapital 2017-09-30 06694958 uk-core:ShareCapital 2016-09-30 06694958 uk-core:RetainedEarningsAccumulatedLosses 2017-09-30 06694958 uk-core:RetainedEarningsAccumulatedLosses 2016-09-30 06694958 uk-bus:Director1 2016-10-01 2017-09-30 06694958 uk-bus:Director2 2016-10-01 2017-09-30 06694958 uk-core:PlantMachinery 2016-10-01 2017-09-30 06694958 uk-core:MotorCars 2016-10-01 2017-09-30 06694958 uk-core:FurnitureFittings 2016-10-01 2017-09-30 06694958 uk-core:FurnitureFittings 2016-09-30 06694958 uk-core:PlantMachinery 2016-09-30 06694958 uk-core:PlantMachinery 2017-09-30 06694958 uk-core:FurnitureFittings 2017-09-30 iso4217:GBP 06694958 uk-bus:AuditExemptWithAccountantsReport 2016-10-01 2017-09-30 06694958 uk-bus:FRS102 2016-10-01 2017-09-30 06694958 uk-bus:FullAccounts 2016-10-01 2017-09-30 06694958 uk-bus:PrivateLimitedCompanyLtd 2016-10-01 2017-09-30
ULTRA-PRINT LIMITED
Registered Number:06694958
For the year ended 30 September 2017
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 30 September 2017
ULTRA-PRINT LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 September 2017
ULTRA-PRINT LIMITED
Statement of Financial Position
Registered Number :
06694958
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
36,997
24,033
2
36,997
24,033
Current assets
Inventories
3,920
4,490
3
356,321
Cash and cash equivalents
250,550
255,040
360,241
Trade and other payables: amounts falling due within one
year
(38,960)
(21,182)
4
321,281
233,858
Net current assets
Total assets less current liabilities
270,855
345,314
270,855
Net assets
345,314
Capital and reserves
Called up share capital
502
502
Retained earnings
270,353
344,812
270,855
345,314
Shareholders' funds
For the year ended 30 September 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
J Davison Director
L Davison Director
These financial statements were approved and authorised for issue by the Board on 08 January 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 September 2017
ULTRA-PRINT LIMITED
Notes to the Financial Statements
Statutory Information
ULTRA-PRINT LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06694958.
Registered address:
Units 10-12
Wentworth Terrace
Fitzwilliam
Pontefract
WF9 5BZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25 Reducing balance
Motor vehicles
15 Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
5
For the year ended 30 September 2017
ULTRA-PRINT LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Plant and
machinery
£
£
£
Cost or
valuation
At 01 October 2016
56,499
9,594
46,905
17,557
2,539
15,018
Additions
At 30 September 2017
61,923
12,133
74,056
Provision for depreciation and impairment
At 01 October 2016
32,466
1,439
31,027
Charge for year
4,593
1,376
3,217
At 30 September 2017
37,059
2,815
34,244
At 30 September 2017
Net book value
27,679
9,318
36,997
At 30 September 2016
15,878
8,155
24,033
3. Inventories
2016
2017
£
£
Stocks
4,490
3,920
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
1,560
371
Taxation and social security
19,621
36,927
Other creditors
1
1,662
21,182
38,960
3 of 3